| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MAX | Class A Common Stock | Options Exercise | $0 | +153K | +100.37% | $0.00 | 306K | Jul 30, 2021 | Direct | F1 |
| transaction | MAX | Class A Common Stock | Sale | -$288K | -8.81K | -2.88% | $32.74 | 297K | Aug 2, 2021 | Direct | F2, F3 |
| transaction | MAX | Class A Common Stock | Sale | -$127K | -3.8K | -1.28% | $33.37 | 293K | Aug 2, 2021 | Direct | F2, F4 |
| transaction | MAX | Class A Common Stock | Sale | -$331K | -11K | -3.74% | $30.21 | 282K | Aug 3, 2021 | Direct | F2, F5 |
| transaction | MAX | Class A Common Stock | Sale | -$586K | -18.8K | -6.68% | $31.09 | 263K | Aug 3, 2021 | Direct | F2, F6 |
| transaction | MAX | Class A Common Stock | Sale | -$49.2K | -1.53K | -0.58% | $32.20 | 262K | Aug 3, 2021 | Direct | F2, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MAX | Restricted Stock Units | Options Exercise | $0 | -153K | -10% | $0.00 | 1.38M | Jul 30, 2021 | Class A Common Stock | 153K | $0.00 | Direct | F8, F9 |
| Id | Content |
|---|---|
| F1 | One share of Class A Common Stock was issued upon the vesting of each Restricted Stock Unit ("RSU"). |
| F2 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person to satisfy tax liabilities arising from the vesting of restricted stock units granted to the Reporting Person on October 30, 2020. |
| F3 | Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $32.30 to $33.26 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F4 | Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $33.33 to $33.63 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F5 | Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $29.71 to $30.65 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F6 | Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $30.79 to $31.77 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F7 | Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $31.80 to $32.54 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F8 | Each RSU represents a contingent right to receive one share of Class A Common Stock, or at the option of the Compensation Committee, cash of equivalent value. |
| F9 | On October 30, 2020, the Reporting Person was granted 1,837,765 RSUs, which have vested or will vest quarterly over the first three years following the date of grant, subject to continued employment with the Issuer through each vesting date. |
CHIEF TECHNOLOGY OFFICER AND CO-FOUNDER